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    13 Replies Latest reply on Jan 16, 2009 3:35 PM by silvercell18

    Thinking about leaving my cube

    Bluesuit Adventurer

      I work in a large skyscraper in downtown. I've always dreamed of opening up my own restaurant. However, I have a wife, and a newborn coming soon, and a steady paying job. It's not my dream job, but it pays all the bills. I'm stuck in a cube and don't know what to do.
        • Re: Thinking about leaving my cube
          BDS INC Adventurer
          Bluesuit,

          A piece of advice that a lot of folks on the board give that makes a tremendous amount of sense is to find something you are passionate about and then find a way to make money on it.

          I know just how you feel with a family and a good paying job that takes care of them but at the end of the day if you really want to get out of your cube you've got to take the first step.

          Starting a business doesn't mean you have to quit your current job. I will guarantee you that at least half of the business owners on this board started their businesses part time while working a full time job to pay the bills.

          The last piece of advice I have is for you to really want your business. With your family life about to get busier because of the baby and your regular job, starting a business will take up likely the rest of your free time, so understand the dedication it will take to make a real go of it.

          Hope this helps!
          • Re: Thinking about leaving my cube
            Pioneered Newbie
            A lot of successful business owners were once in your shoes, its still possible to fulfill your dream.  I beleive you should take your dream of owning a restuarant and make it a goal, if your really serious.  Take that goal and break it down to into smaller goals that can be reallisticly acheived with your current situation. You have responsibilities that must be maintained.  Even tho you have a full time job theirs things that you can be doing to move toward your goal. Take advantage of what ever time you have, start writing your business plan, think about what type of restaurant it will be, how it will operate, etc.  With your situation a franchise might prove to be a better way to go, research them and see if theirs something that moves you. And I almost forgot, start seriously saving money. I started a company while working a full time job, I devoted nights and weekends to my business.  I keep my full time job untill my paycheck from my company  match the pay from my full time job(13mths), then I put in my resignation.  After putting the time I spent at my job into my own company things really started to rock in roll. Keep in mine four years later I close to company to open the one I have now. Things don't always work out the way you want them to, and just because you open a good business doesn't mean it will suceed.  Good luck!
            • Re: Thinking about leaving my cube
              akgold Adventurer
              Hi Bluesuit,

              I see that you live in San Francisco which is certainly a great place to start a restaurant. However, the restaurant business is hard and a lot of people think about opening a restaurant. Is there something else which interests you too? Because San Francisco has so many wealthy people, so many tourists and so many interesting angles, is there some other passion that you have that might enable you to create a product or service?

              I say this because I have friends who have opened restuarants in San Francisco and they can be really hard work too. In their case, they went to the Cornell Hotel and Restaurant school and had a lot of training in the industry.

              Just a thought. Good luck! San Francisco has incredible air so who wants to be stuck in a skyscraper. :-)

              AKGold
              • Re: Thinking about leaving my cube
                LUCKIEST Guide
                It is the American dream to start your own business. You have gotten 3 good answers so far.
                Lets try another approach. Tell us more about yourself, like age, education,what you do now and how long
                you have been at your current job. If you stay at this job where do you see yourself in 5 years??
                Next. Have you Developed a Business Plan for this dream restaurant??
                Do you have the FUNDS and background to run a restaurant successfully??
                SCORE helps people going into business, both in person and on line and their services are FREE.
                Good luck, LUCKIEST
                • Re: Thinking about leaving my cube
                  Wingman Adventurer

                  The responses you've received so far are all on the money.

                  I too was in a cube and I made the jump into my own restaurant. I set everything up for the business during evenings and weekends. I quit my corp job the day before receiving inventory and training my staff.

                  Other things you REALLY need to consider:
                  How much of a risk taker you are
                  Are you comfortable with managing 'non-corporate' type people
                  Can you handle the stress of running a restaurant during peak dining periods
                  Will your spouse support your efforts and your dream. You're both in this together and it will take everyone in your family to make this a go.

                   


                  Alos keep in mind that even if everything goes the way you want it to, the restaurant could still fail.

                  Good Luck
                  1 of 1 people found this helpful
                  • Re: Thinking about leaving my cube
                    Lighthouse24 Ranger
                    Take whatever free time you can afford to spare and spend it learning all you can about the restaurant business. It's a tough business, but the upside is that you don't have to rush into it to be on the "ground floor" or to take advantage of some temporary fad. People will always want to dine out, and there will always be a market for new places (especially in SF). So you can take the time to do it right.

                    Starting and running a business involves a lot of risks and a lot of mistakes. Your question indicates that you have a sense of responsibility to your family and your finances, so if you can reduce the risk by making most of those mistakes on paper or in someone else's kitchen/dining room -- rather than in your own establishment when it costs you real money -- you'll avoid a lot of worry and stress for you and your wife (not ALL of it, but a lot of it!).

                    Go for it, get outta the cube! Even if you don't actually quit your job or open the doors to your restaurant for another five or ten years, you can start in that direction right now!

                    I wish you success.
                    • Re: Thinking about leaving my cube
                      MP_of_MP Newbie
                      I was one of the 8500+ people laid off from Cisco Systems in 2001. It marked the end of 30+ years working in cubicles and warehouses. I own my own business now. It is not always profitable, easy, convenient, or logical. I wouldn't have it any other way. Life is short. This is the Internet Age. In addition to this resource from Bank of America you have unlimited FREE support that will help you strike out on your own.

                      You have a unique oportunity to separate yourself from the "woulda, shoulda, coulda" people who leave this world with BIG regrets. Don't be one of them.

                      Best wishes to you for your continued success. Do what you love. Love what you do.
                      • Re: Thinking about leaving my cube
                        emilyyep Newbie
                        Hi BlueSuit,
                        I am a Career and Business Coach and I help hundreds of people change and transition into businesses every year. I have started 3 successful companies and am now a solo entrepreneur, so I know what it takes alone. My services are not free for a reason, I give very personal attention and consultation, but very reasonable, and I offer very personal support and coaching. I have helped hundreds change their lives. I offer a complimentary coaching consultation , and this is no obligation. It is 25 minutes over the phone just to experience it. I am located here in SF, all my coaching is over the phone, since people are busy and they need the laser coaching.

                        Something to consider,

                        Emily Yep
                        Creative Transition Coaching
                        www.ctcoaching.com
                        1.888.293.2012
                        emily@ctcoaching.com
                        • Re: Thinking about leaving my cube
                          fjuarez Newbie
                          Hello Bluesuit,
                          I know exactly what you mean and took the plunge a year ago, however, I decided to keep my day job until we could get the business into a profitable stage. I was lucky that I have a family that has been in the business for over 25 years and that made the huge difference. But having a business plan helped me discover a great deal about I didn't know about the day to day operations and all the legal/finance stuff. I let my sister run the business while I manage all the finances and that has helped but I tell you breaking into the restaurant business takes a lot of work and you have to have some sort of connection to the business/community to help your business. I am proud to say that we have survived our first year, on Nov. 1st we will celebrate that anniversay, but I had lots of help from SCORE, BofA and other groups to help me with finance, business plan and other critical issues.

                          Live your dream! Plan it and execute it!
                          F.
                          1 of 1 people found this helpful
                          • Re: Thinking about leaving my cube
                            DomainDiva Ranger

                            Jewish Mother Moment here:

                            Yes you want that business but your first responsibility is to your wife and soon to be in the world baby. The good news is you can actually start making PLANS now.

                            Decide what kind of restaurant, where you want the location to be, develop a business plan ...AH!!! I sound like Luckiest now ;) and start researching financing. Will you be the Chef? How will you find one? Do your homework NOW and be prepared for the future. YOU CAN MAKE IT HAPPEN!!!!

                            Make sure you keep your wife in the loop for everything you are doing and one day you will be ready to say 'adios' the the cube.
                            • Re: Thinking about leaving my cube
                              WEBillions Adventurer
                              Having just started a business and also being pregnant, I can tell you now it not the time to rush into self-employment. That's not to say you shouldn't do it, but you should put some careful consideration into exactly want you want to do and if you are cut out for it. There are some ideas about what do to at my blog mickysbusiness.blogspot.com. DO NOT quit until you have a clear plan in mind and even then you might want to try working on it part time at home to make sure you would really enjoy doing it for the next 5 years or more. Keep it mind that it will take some time before your business starts making money. Make sure your wife is supportive of the idea--it's not only your decision. Maybe she can even help out if you pick something both of you enjoy doing. I work with my husband. It's nice to work together on something you both feel passionate about.
                              • Re: Thinking about leaving my cube
                                Bluesuit Adventurer

                                This gives me a lot to think about. Thanks to all. Since, I last posted I have been using all my free time to plan for the restaurant, and intend to do so, moving forward. My wife and I talked about it, and she's very supportive of me pursuing my dreams. We agreed that I wouldn't do anything drastic with my current job, until at least 6 months after the baby was born.
                                • Re: Thinking about leaving my cube
                                  silvercell18 Wayfarer
                                  I know this question is old, but I hope the answer helps others down the line.

                                  There's nothing wrong with making sacrifices, just make sure that when you jump and follow your dream to check that all financial loop holes are taken care of. With a new kid, a family and a pretty stable cube life...it might be ok to just bite the bullet and ride it out. Save up some money then build the best restaurant when you feel like you're a little more comfortable.